$BICO SHORT SETUP AFTER BREAKDOWN – SELLERS IN CONTROL 🔥
Entry: $0.01575–$0.01590 🔥
Target: $0.01440 🚀
Stop Loss: $0.01647 ⚠️
Price broke down hard and is now sitting in weak consolidation right under resistance. Sellers haven't let go, and every bounce so far has been sold into. The structure favors a continuation lower unless we see a strong reclaim of that $0.016 zone.
The risk-to-reward here is roughly 1:3 if we target the full move. You taking the short or waiting for one more retest of resistance?
Not financial advice. Always manage your risk.
#BICO #ShortSetup #Breakdown #Crypto #Trading
🔥
Entry: $0.01575–$0.01590 🔥
Target: $0.01440 🚀
Stop Loss: $0.01647 ⚠️
Price broke down hard and is now sitting in weak consolidation right under resistance. Sellers haven't let go, and every bounce so far has been sold into. The structure favors a continuation lower unless we see a strong reclaim of that $0.016 zone.
The risk-to-reward here is roughly 1:3 if we target the full move. You taking the short or waiting for one more retest of resistance?
Not financial advice. Always manage your risk.
#BICO #ShortSetup #Breakdown #Crypto #Trading
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